banner_ad

Record Keeping

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 May 2010 Hi Sir,
We intend to destroy the documents related old fiscal year say year ended 31st March 2000 and earlier.Will there be any issue with this from Tax and legal perspective.Can you please suggest what are the Legal guidelines regarding this.

Thanks& Regards,
Surya
Profile Image

Rasesh

Profile Image

Rasesh (Expert)
17 May 2010 You can destroy records which are older than 8 years. However, the statutory books and share records have to be maintained throughout the life of the Company.

It is also better to keep a record/list of the records destroyed.
Profile Image

Surya Prabha

Profile Image

Surya Prabha (Querist)
17 May 2010 Thank you Rasesh.Can u please tell us what is the provision under IT Act and Labour Law for the same?
Regards,
Surya
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details